Such a correction was always going to happen. Coders always were the blue-collar workers of the 21st century, and capital ruthlessly optimises for profit. Where you once needed thousands of workers to run an assembly line, you now have dozens; where you once needed hundreds of programmers to run a big SaaS, you will now have a handful. It was always inevitable.
That doesn't mean we're all dead or anything - factory workers still exist, developer jobs will still exist. They'll just be far fewer than they used to be.
That doesn't mean we're all dead or anything - factory workers still exist, developer jobs will still exist. They'll just be far fewer than they used to be.